
Click to Enlarge.
The unemployment rate in the U.S. transportation sector was 4.6% in August 2022,* according to Bureau of Labor Statistics data updated on the Bureau of Transportation Statistics Unemployment in Transportation dashboard.
The August 2022 rate fell 1.8 percentage points from 6.4% in August 2021 and was below the pre-pandemic August level of 4.8% in August 2019. Unemployment in the transportation sector reached its highest level – an all-time record high – during the COVID-19 pandemic (15.7%) in May 2020 and July 2020 under the Trump Administration. The voted out President of course made many false statements about Covid in those dark days of denial.
Unemployment in the transportation sector was above overall unemployment. BLS reports that the US unemployment rate in August 2022* was 3.8% or 0.8 percentage points below the transportation sector rate. Seasonally adjusted, the U.S. unemployment rate in August 2022 was 3.7%.
*not seasonally adjusted
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
US Transportation Unemployment Below Pre-Pandemic Rate
Click to Enlarge.
The unemployment rate in the U.S. transportation sector was 4.6% in August 2022,* according to Bureau of Labor Statistics data updated on the Bureau of Transportation Statistics Unemployment in Transportation dashboard.
The August 2022 rate fell 1.8 percentage points from 6.4% in August 2021 and was below the pre-pandemic August level of 4.8% in August 2019. Unemployment in the transportation sector reached its highest level – an all-time record high – during the COVID-19 pandemic (15.7%) in May 2020 and July 2020 under the Trump Administration. The voted out President of course made many false statements about Covid in those dark days of denial.
Unemployment in the transportation sector was above overall unemployment. BLS reports that the US unemployment rate in August 2022* was 3.8% or 0.8 percentage points below the transportation sector rate. Seasonally adjusted, the U.S. unemployment rate in August 2022 was 3.7%.
*not seasonally adjusted
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.